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The average refund is about $114, the FTC noted. This first round of payments amounts to a total of more than $72 million, according to the agency — leaving about $173 million left to be ...
The FTC said it is in the process of sending a first round of payments, with additional refunds expected at a later date. So far, there are a total of 629,344 total payments. So far, there are a ...
Epic Games agreed to pay $245 million in refunds to Fortnite players who federal regulators say were "tricked" into making unwanted in-game purchases.
A 2015 study released by the Federal Trade Commission found that 23% of consumers identified inaccurate information in their credit reports. [6] Under the Fair and Accurate Credit Transactions Act (FACTA), an amendment to the FCRA passed in 2003, consumers are able to receive a free copy of their consumer report from each credit reporting ...
The Fair and Accurate Credit Transactions Act of 2003 (FACT Act or FACTA, Pub. L. 108–159 (text)) is a U.S. federal law, passed by the United States Congress on November 22, 2003, [1] and signed by President George W. Bush on December 4, 2003, [2] as an amendment to the Fair Credit Reporting Act.
More than 600,000 players Fortnite will start to receive refunds after federal regulators said Epic Games “tricked” people into making unwanted purchases.
The Ninth Circuit's decision was in alignment with most other circuit courts and numerous FTC cases before, but Tucker's counsel had found that the Seventh Circuit had ruled in the 2019 case FTC v. Credit Bureau Center that Section 13(b) does not give the FTC that authority, which created a circuit split. [9]
The average payment is $114 per player. The Federal Trade Commission has begun distributing refunds to Fortnite players following a settlement with Epic Games over the practice of unwanted purchases.